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Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's

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Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's projected MIRR can be less than the WACC (and even negative), in which case it will be rejected. WACC: 15.00% Year 0. 1 2 3 Cash flows -$1,000 $420 $420 $420 4.8.67% b. 13.40% c. 18.81% d. 8.01% e 15.28%

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